Commonwealth Numbered Acts

DEFENCE HOME OWNERSHIP ASSISTANCE SCHEME ACT 2008 (NO. 27, 2008) - SECT 50

             (1)  Average monthly interest is the amount worked out in accordance with the following formula:

Note:          The loan capital is worked out under section 51.

             (2)  The monthly repayment , for the formula in subsection (1), is the amount worked out in accordance with the formula:

Note 1:       The loan capital is worked out under section 51.

Note 2:       The median interest rate is worked out under section 53.